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.

Key Default Data is available only for the country for which Project Workspac
e has been requested Mark for Review
(1) Points
True (*)
False

Correct. Key Default Data is available only for the country for which Proj
ect Workspace has been requested

2. Accounting calendars with multiple period types cannot be configured using


the online configuration tool Mark for Review
(1) Points
True
False (*)

Incorrect, Accounting calendars with multiple period types can be configur


ed through the online configuration tool

3. Default Tax Rules for the country are provided in the Accelerator solution
and can be modified or added to suit the requirement Mark for Review
(1) Points
True (*)
False

Correct, Default Tax Rules for the country are provided in the Accelerator
solution and can be modified or added to suit the requirement

4. Oracle Business Accelerators for Oracle E-Business Suite does not include
E-Business Tax configuration and Tax configuration has to be handled outside the
Accelerator Solution Mark for Review
(1) Points

True
False (*)

Incorrect, Oracle Business Accelerators for Oracle E-Business Suite includ


e E-Business Tax configuration for specific countries as identified in the Local
ization Guide

5. Oracle Business Accelerator for E Business Suite supports Latin Tax Engine
configurations for Colombia Mark for Review
(1) Points
True (*)
False

Correct. Oracle Business Accelerator for Oracle E Business Suite supports


Latin Tax Engine configurations for Colombia
Geography Hierarchy comes seeded for the following country and cannot be modifi
ed Mark for Review
(1) Points
United States (*)
United Kingdom
India
Canada

Correct, Geography Hierarchy of State, County & City comes seeded for Unit
ed States

7. Oracle Business Accelerator solution for E-Business Suite covers following


for India Tax Configuration Mark for Review
(1) Points
Central Excise
VAT
Service Tax
Customs
All (*)

Correct, Oracle Business Accelerators for Oracle E Business Suite supports


1. Central Excise
2. Customs
3. Sales Tax
4. Value added tax
5. Service Tax and
6. Income Tax

8. Oracle Business Accelerator solution for E Business Suite covers following


for Colombia Tax Configuration Mark for Review
(1) Points
VAT for Procure to Pay
Latin Tax for Order to Cash
Witholding Tax
All (*)
Correct, Oracle Business Accelerators for Oracle E Business Suite supports
VAT for Procure to Pay, Latin Tax for Order to Cash and Withholding Tax in Colo
mbia Tax configuration

9. Oracle Business Accelerators for Oracle E-Business Suite supports Multinat


ional Implementations Mark for Review
(1) Points
True (*)
False

Correct, Oracle Business Accelerators for Oracle E Business Suite can be u


sed for Multinational Implementation

10. The Tax solution in the Oracle Business Accelerators for Oracle E Busines
s Suite supports Mark for Review
(1) Points

VAT
Location based Sales Tax
Latin Tax
GST
All of these (*)

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